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Crystal ball shows 2012 busy for development

21.05.12

Downtown Sacramento finally showed some life in 2011, with the debut of a popular entertainment complex at 10th and K streets, the opening of a host of new shops in the same area and a commitment by a big Bay Area retailer to open a sporting goods emporium at the former Bank of America site at Eighth and I streets.

But that's nothing compared to what's ahead for the downtown core in 2012, with the start of several big projects and – just maybe – a deal for a new downtown arena.

That, at least, is the view from our crystal ball as we look forward to a year of exciting but isolated breakthroughs amid a continuing slow economic recovery.

Here, then, is our fearless forecast for local business and economic developments:

• D&S Development will line up the financing and tax credits it needs to start work by early summer on a long-awaited transformation of the 700 block of K Street.

• A local investment group will acquire

Source: Sacramento Bee